Minox International Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Minox International Group Berhad has a total shareholder equity of MYR76.4M and total debt of MYR22.5M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are MYR107.0M and MYR30.5M respectively. Minox International Group Berhad's EBIT is MYR4.2M making its interest coverage ratio 6.5. It has cash and short-term investments of MYR22.9M.
Key information
29.5%
Debt to equity ratio
RM 22.52m
Debt
| Interest coverage ratio | 6.5x |
| Cash | RM 22.93m |
| Equity | RM 76.45m |
| Total liabilities | RM 30.51m |
| Total assets | RM 106.96m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MINOX's short term assets (MYR60.9M) exceed its short term liabilities (MYR8.4M).
Long Term Liabilities: MINOX's short term assets (MYR60.9M) exceed its long term liabilities (MYR22.2M).
Debt to Equity History and Analysis
Debt Level: MINOX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MINOX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MINOX's debt is not well covered by operating cash flow (14%).
Interest Coverage: MINOX's interest payments on its debt are well covered by EBIT (6.5x coverage).